How to Calculate the car Loan?

Important Points:

  •  You must know the interest Rate of the bank from where you want to get the loan.
  •  Different Banks have different Interest Rates and interest rate increases with increase in years that is why it is important to know yearly basis interest rates of the bank.
  •  interest Could be different for used and New car.
Vehicle price ()
Interest rate (%)
Period (month)
Down Payment ()
Monthly Payment
Total Interest Payment
Total Amount to Pay